D.C. Mun. Regs. tit. 26, r. 26-A803
All officers and employees of domestic companies shall at all times be covered by a "primary commercial blanket fidelity bond" in the amount of not less than $15,000.00. These bonds shall include by endorsement or otherwise a provision requiring the surety to notify the Commissioner in writing prior to cancellation or to any change in principal or penalty. The bond or a certified copy shall be filed with the Commissioner.
No director, trustee, or officer of any company doing business in the District shall receive any money or valuable thing for negotiating, procuring, recommending, or aiding in any purchase by or sale to that company or any property, or any loan from that company, nor be pecuniarily interested, either as principal, co-principal, agent, or beneficiary, in any such director, trustee, or officer be guaranteed by that company in any capacity.
Notice of the appointment or election by any domestic company of any new officer, manager, or trustee shall within five (5) days after that appointment or election be submitted to the Commissioner.
D.C. Mun. Regs. tit. 26, r. 26-A803